• Compensation & Benefits Lead

    Abbott (Barceloneta, PR)


    Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

     

    Job Title

     

    Compensation & Benefits Lead

     

    About Abbott

     

    Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

     

    Working at Abbott

     

    At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:

     

    Career development with an international company where you can grow the career you dream of.

     

    Health Insurance (starting on Day 1 of employment), Savings Plan (401K) with company match, Life insurance for you and your spouse/children, Short Term Disability, Long Term Disability, Education Assistance, Employee Assistance Program, Vacation, Sick, Personal Days.

     

    A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.

    A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

     

    The Opportunity

     

    This position works out of our Barceloneta location in the Abbott Vascular Division. The purpose of this role is to develop, manage, coordinate, implement and communicate Benefits & Compensation Programs to the Puerto Rico facilities.

    What You’ll Do

    1. Responsible for the effective development, coordination, implementation and communication of benefits programs across Puerto Rico (PR) facilities.

    2. Maintain health plan trust financial backup data, prepare and communicate Benefits Plans Budget for PR Operations.

    3. Prepare employee-facing materials including Benefits Bulletins, notices, and other communications.

    4. Administrater benefits plans including eligibility, enrollments, payments to insurance providers, cost control, and monitoring.

    5. Ensure compliance with PR, federal laws, company policies and procedures.

    6. Maintain accurate employee benefits records.

    7. Serve as liason with insurance companies, Abbott management and employees regarding benefits related matters.

    8. Developand implement employee benefits communications programs.

    9. Provide employee counseling on diverse benefits-related situations.

    10. Make decisions on diverse employee situations related to benefits administration.

    11. Effective interaction with HR and Operations management, insurance companies, government agencies, employees and their dependents or beneficiaries.

    12. Provide reports to management on benefits performance against budget guidelines, including data analysis and recommendations.

    13. Prepare benefits proposals and budget guidelines.

    14. Conduct New Hire Orientation and targeted benefits education sessions.

    Required Qualification

    Bachelor's degree in human resources, Business Administration or Engineering.

     

    Minimum 5 years of experience in supervisory or middle management roles.

     

    Collaborate with local and corporate management to design and implement PR Benefits Strategy.

     

    Administer benefit programs including Health, Life Insurance, Short-Term Disability, Long-Term Disability, Pension and Stock Retirement Plans.\

     

    Maintain updated benefits plan documents, policies and procedures.

     

    Serve as an advisor and consultant of existing Benefits Policies and Procedures to Local and Corporate Management to ensure consistency in Benefits administration.

     

    Administer contracts with third party benefits administrators for Abbott PR Operations.

     

    Design, develop and distribute employee benefits communicationsto PR Operations employees.

     

    Work on the development, update and review of Benefits Plan Documents in conjunction with Corporate Benefits, Corporate Legal Counsel and external legal advisors to ensure compliance with local and federal laws.

     

    Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

     

    Connect with us at** **www.abbott.com** **, on Facebook at** **www.facebook.com/Abbott** **and on Twitter @AbbottNews and @AbbottGlobal.

     

    The base pay for this position is $74,700.00 – $149,300.00. In specific locations, the pay range may vary from the range posted.

     

    An Equal Opportunity Employer

     

    Abbot welcomes and encourages diversity in our workforce.

     

    We provide reasonable accommodation to qualified individuals with disabilities.

     

    To request accommodation, please call 224-667-4913 or email [email protected]